According to an update from the OECD, Saudi Arabia signed the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) on 6 August 2019, bringing the total number of signatories to 80.
Saudi Arabia's CbC reporting requirements apply for years ending on or after 31 December 2018, including standard secondary local filing requirements for non-parent constituent entities resident in Saudi Arabia. It is not certain how the local filing requirements wi…